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15 March, 07:19

Matthew bakes apple pies that he sells at the local farmer's market. if the price of apples increases, the

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  1. 15 March, 08:40
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    If the price of apples increases, Supply curves for matthew's pies will decrease.

    In this case, apple is the main ingredient to made the apple pies. When apple's price increased, Matthew will have less profit from the selling, he will instinctively supply it less.
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